Author: Investorempires.com
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FTX Customers Express Frustration Despite 118% Payouts In Bankruptcy Case—Here’s Why
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Clients of defunct cryptocurrency exchange FTX find themselves at the center of a complex bankruptcy case with potentially promising outcomes. Although the process has never been smooth, the recent rise in the cryptocurrency market has boosted the value of FTX assets, resulting in clients being able to receive payouts that…
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Oil turns higher as U.S. inflation cools, crude stocks drop more than expected
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Slavko Sereda/iStock via Getty Images Crude oil futures reversed course to close higher on Wednesday, as US government data showed a slight decline in inflation and a larger-than-expected decline in crude oil inventories. The Consumer Price Index rose 0.3% last month after rising 0.4% in March and February, while the…
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Australian Economy Added 38.5K Jobs in April, But Jobless Rate Ticked Higher
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Australia’s employment change figures for April beat estimates, showing a 38.5k increase in employment versus an expected increase of 22.4k. This also represents a strong rebound compared to the previous 5.9K decline in employment. However, the unemployment rate rose from a negatively adjusted 3.9% to 4.1% instead of holding steady,…
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$2 Billion In Spot Bitcoin ETFs: Millennium Management Reveals Investment In SEC Filing
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In new disclosureInvestment management firm Millennium Management revealed that it owns nearly $2 billion in spot Bitcoin ETFs. This was revealed by the SEC 13F-HR Institutional Investment Manager Holdings Report filed today, and confirms the growing interest and investment in Bitcoin ETFs by major institutional players. JUST IN: ??Millennium Management…
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5 ways to change your relationship with sugar
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If pressed to define their relationship with sugar, many people would say, “It’s complicated.” A 2018 study found this 70% of adults in the United States They worry about the amount of sugar they consume, suggesting that many of us experience a toxic inner monologue when presented with cakes, cookies…
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Yes, April CPI was lower than expected, but “don’t get too carried away”
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US CPI data was a little better than expected, and it’s a little too late to say don’t get carried away: Forexlive Americas FX News Summary May 15: Greener grass to the fore as CPI/spending tames ING comments on data and market movements: US Treasury yields fell after what was…
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Ethereum Bulls On The Rise? Crucial Indicator Point To A Major Upturn
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Ethereum (ETH), the second-largest cryptocurrency by market cap, has recently shown signs that a potential recovery is on the horizon. Analysts were closely monitoring various technical indicators, and one of those analysts, Ali, did just that Highlight A major signal indicating an imminent price rise. Related reading Chain TD Signals…
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Chinese firm PANG buys four new television frequencies
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Chinese-owned Pan Africa Network Group (PANG) has purchased four new television broadcast frequencies from the Communications Authority of Kenya (CA), expanding its television network coverage in the country. Chinese company StarTimes China Africa Digital TV Media Ltd holds a 93.75 percent stake in PANG, while Excel Magic holds a 6.25…
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Chile gives Albemarle option to boost lithium quota by 240,000 metric tons By Reuters
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SANTIAGO (Reuters) – Chile’s economic development agency Corvo said on Wednesday it had reached an agreement with… Albemarle (NYSE:) to establish an option for the US company to increase its production quota by 240,000 metric tons of lithium metal equivalent (LME). This increase would raise Albermarle’s production share by approximately…
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Crypto expert gives analysis of major altcoins, market sees slight uptick
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According to Alex Kuptsikevich, Senior Market Analyst at FxPro, the cryptocurrency market has been relatively stagnant, showing a decline in market capitalization until today’s rise. Ethereum (ETH) is trading at $2,977.88, up 2.6% over the past 24 hours. Its market value increased by 2.64% to reach more than $357 billion,…
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Binance Introduces Spot Copy Trading to Enhance Offerings
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Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Here’s a sneak peek at FMAS:24’s vibrant atmosphere! Join us at Africa’s premier financial…
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Former FTX Exec Ryan Salame Requests 18 Months Prison Sentence
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Lawyers for Rayan Salama, the former CEO of bankrupt cryptocurrency exchange FTX, who pleaded guilty for his role in the company’s collapse, have asked the court to sentence their client to 18 months in prison at his next hearing scheduled for May 28. according to Judgment memorandum According to what…
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DiagnaMed Announces LIFE Offering of up to $650,000
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on May 15, 2024 • 5 minute…
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Asia FX gains some ground as dollar inches lower ahead of CPI data By Investing.com
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Investing.com — Most Asian currencies rose slightly on Wednesday, retracing some of their gains against the weaker dollar, as markets awaited more signals on interest rates from key US inflation data due later in the day. Traders also became more confident that the Federal Reserve will not raise interest rates…
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Is Ripple Dumping XRP Again? Here’s What We Know
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ripplea cryptocurrency payments company and the largest holder of XRP, has launched another Extensive deal Which caught the attention of the cryptocurrency market. The payment protocol and exchange network has minted 150 million XRP, which represents about 0.25% of the cryptocurrency’s current market capitalization. Ripple transfers are extensive In a…
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April CPI higher than expected
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Israel’s consumer price index rose 0.8% in April, higher than economists’ expectations of 0.6%. In the 12 months to the end of April, inflation rose to 2.8% from 2.7% at the end of March, according to figures released by the Central Bureau of Statistics today. Transportation prices rose 3.4% in…
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Forexlive Americas FX news wrap 15 May: Green grass ahead as CPI/spending is tame
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US CPI, retail sales and New York manufacturing data combined with the CPI falling 0.3%, retail sales showed no gains during the month and New York manufacturing had a weaker day. All of this gave the green light to risky assets as yields fell, stocks rose and the US dollar…
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Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming
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It’s no secret that the Bitcoin mining industry is being battle-tested in the wake of the fourth halving. The hash price (revenue per terrahash) has reached historic lows as Bitcoin block support has been cut. Meanwhile, the post-halving frenzy has diminished, adding fuel to the fire for already stressed mining…
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Floor & Decor EVP sells shares worth over $124k By Investing.com
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Floor & Decor Holdings, Inc. announced (NYSE:FND) announced a recent transaction by one of its senior executives, according to a new filing with the Securities and Exchange Commission. Stephen Alan Denny, executive vice president of store operations for the company, participated in the stock sale on May 13, 2024. Denny…